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Dow rallies by 1,000 points, erasing record Christmas Eve losses

From nbcnews.com

In the first day of trading since Monday's record decline, the Dow Jones Industrial Average on Wednesday soared by over 1,000 points, erasing its historic Christmas Eve losses to set a new record: Most points gained in one day. The broader S&P 500 was also higher, notching a 4.9 percent rise, and the tech-heavy Nasdaq picked up by around 5.8 percent. Market participants had been bracing themselves for volatility as trading resumed after the holiday break, with tensions and unpredictability high due to President Donald Trump's sharp criticism of some members of his economic team and a record plunge for the Dow, ... (full story)

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  • Category: Fundamental Analysis